The company said it expected to take a pre-tax
charge of about $1.05 billion in the second quarter due to the
health and welfare changes in the newly-ratified plan. (http://link.reuters.com/kup78v)
The company reported a 12 percent fall in first-quarter profit
earlier on Thursday.
(Reporting by Sampad Patnaik in Bangalore;
editing by Savio
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